Systems and methods for processing encoded symbols to facilitate secured communication between database systems of two entities and to update database tuples associated with the database systems

Abstract

Systems and methods for processing encoded symbols to facilitate secured communication between a mobile device and one or more database systems is provided. Communication between the mobile device and the database systems is performed to update database tuples in the database systems based on processing of the encoded symbols. The encoded symbols may correspond to QR codes and updating database systems may include administering quick response (QR) code-enabled payment transactions.

What is claimed is: 
     
       1. A method comprising:
 receiving, at a first server, a first encrypted message, wherein the first encrypted message is generated based on image data that is decoded to retrieve a code; 
 decrypting the first encrypted message to retrieve an account ID, information associated with a user of a first mobile device, and information specifying a quantity of funds, wherein the information associated with the user of a mobile device includes a customer ID and does not identify a financial account of the user; 
 storing at the first server:
 a plurality of account IDs, wherein each one of the plurality of account IDs is associated with a financial account, 
 the retrieved account ID, wherein the retrieved account ID is associated with a financial account of a recipient entity and is derived from a code associated with the recipient entity, 
 information associated with the user of the first mobile device, and 
 the quantity of funds, wherein the quantity of funds is specified for transfer to the recipient entity; 
 
 verifying, at the first server, the retrieved account ID by comparing the retrieved account ID with the stored plurality of account IDs to identify a match, wherein the retrieved account ID identifies a financial account of the recipient entity into which a quantity of funds specified by the user may be deposited; 
 generating a second message, after verifying the retrieved account ID, the second message including the information associated with the user of the first mobile device and the quantity of funds specified for transfer, wherein the information associated with the user of the first mobile device contained in the second message does not identify a financial account associated with the user; 
 encrypting the second message to obtain a second encrypted message, wherein information included in the second message is used to update a first database associated with the user and a second database associated with the recipient entity; 
 transmitting the second encrypted message to a second server for executing a payment processing transaction, the payment processing transaction comprising transfer of the specified quantity of funds from a financial account of the user of the first mobile device to the recipient entity; 
 receiving, at the first server, a transaction ID generated and transmitted by the second server following execution of the payment processing transaction, wherein the transaction ID identifies the payment processing transaction and is usable for reversing the payment processing transaction or requesting a refund. 
 
     
     
       2. The method of  claim 1 , wherein the first server does not transfer the specified quantity of funds from a financial account of the user of the first mobile device to the recipient entity. 
     
     
       3. The method of  claim 2 , wherein the first server does not store financial account information relating to the user of the first mobile device.